Centrica sells AA, looks to acquire energy assets

Centrica said it will return £1.5 billion to investors through the share buyback and a special dividend, and has targeted further investments of anywhere between £2 billion to £3 billion in energy assets.

In February of this year, Centrica highlighted its plans to invest more heavily in strategic energy assets. Since then, a number of energy asset investments have been successfully completed, including the acquisition of a 33% interest in the Statfjord field on the Norwegian continental

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